6751 Old Monroe Rd Indian Trail, NC 28079-5403
Property profile & analytics
6751 Old Monroe Rd, Indian Trail, NC 28079-5403
- Community centers
- 20,500 SF
- 2.27 lot acres
Property ID
US53-0837027
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Community centers
Property Details for 6751 Old Monroe Rd
- Year built
- 2008
- Lot size
- 2.27 lot acres
- Zone code
- GBD INDIAN TRAIL
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 07-090-006S
- APU
- 07090006S
Description
This exceptional 1,800 square foot retail space, located within the highly desirable Sun Valley Commons in Indian Trail, presents a unique investment opportunity. The property is zoned for Neighborhood Business use and features a single-tenant occupancy. Its prime location at the intersection of Wesley Chapel Stout Road ensures excellent visibility and accessibility, making it an ideal space for a medical practice or other retail business. The L-shaped lot maximizes visibility and provides ample space for signage and potential future expansion. The area surrounding Sun Valley Commons is characterized by a thriving community with a diverse demographic, guaranteeing a robust customer base. High traffic counts and a well-developed infrastructure further enhance the property's appeal. This location is considered the most desirable shopping site in Indian Trail, offering unparalleled access to a large and growing population. The property's single-tenant configuration provides simplicity and ease of management, making it an attractive option for both owner-occupiers and investors seeking a stable, high-traffic retail location. This is a rare opportunity to secure a prominent retail space in a rapidly expanding area. The property's strategic location and desirable characteristics make it an exceptional investment prospect. The building is ready for immediate occupancy, offering a turnkey solution for businesses seeking a high-profile location in Indian Trail.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,675,000
- ML approach
- $4,750,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,030,000
- 6.5%
- $4,645,000
- 7%
- $4,315,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,820,000
Market price range: $976k - $4.53M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,110,000 Current use
- RESTAURANT
- $7,490,000 Change: +141% Conversion: Difficult
- RETAIL STORES
- $5,675,000 Change: +83% Conversion: Easy
- OFFICE BUILDING
- $3,350,000 Change: +8% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,245,000 Change: +4% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $3,220,000 Change: +4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Indian Trail
- County
- Union
- State
- North Carolina
- Longitude
- -80.6458
- Latitude
- 35.0492
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,289
$1,770,600
$2,217,800
$3,988,400
-
$1,770,600
$2,217,800
$3,988,400
